X may lose up to $75 million by year-end on advertiser exodus - NYT By Reuters
Briefly

Musk backing an antisemitic post on the platform last week has led several companies including Walt and Warner Bros Discovery to pause their advertisements on the site formerly called Twitter.
X has struck back and sued media watchdog group Media Matters, alleging the organization defamed the platform with a report that said ads for major brands including Apple and Oracle had appeared next to posts touting Adolf Hitler and the Nazi party.
Advertisers have fled X since Musk bought it in October 2022 and reduced content moderation, resulting in a sharp rise in hate speech on the site, according to civil rights groups.
Read at Investing.com UK
[
add
]
[
|
|
]